Sharekhan Vs 5Paisa

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Sharekhan Vs 5Paisa is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.

This comparison article also provides a video comparison between Sharekhan Vs 5Paisa so that you get a 360-degree view about which broker to go ahead with.

Sharekhan Vs 5Paisa Comparison

Sharekhan is one of India’s leading full-service stockbrokers. Founded back in the year 2000 and today with its presence in more than 575 cities of India, Sharekhan ranks second in retail stockbroking in India. The stockbroker has been recently sold out to BNP Paribas for INR 2000 crore.

5Paisa is a discount broker launched by India Infoline (IIFL) in 2015 and allows a trader to trade across Equity, Currency, Insurance and Mutual Funds.

Everything about 5Paisa is Online, be it – customer service, trading, account opening and so on.

On the other hand, full-service brokers such as Sharekhan will help you, spoon feed you, hand hold you through the process, even if you need offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market etc.

To make things easy for you, we have listed out the comparison between Sharekhan Vs 5Paisa to help you find which of the two suits your needs better.

The comparison is made on aspects such as:

Company Overview
Account Opening Charges
Brokerage
Exposure or Leverages
Research
Trading Platforms
Other Features

Sharekhan Vs 5Paisa Compare

Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms.

We hope this article helps you to understand which of the two brokers is better for your needs.



	5Paisa Review	Sharekhan Review
OVERVIEW
Broker Type	Discount Broker	Full Service Broker
Incorporated In the Year	2015	2000
Number of branches across India	2	1950
Exchanges	BSE, NSE, MCX-SX	BSE, NSE, MCX, NCDEX, NSEL
ACCOUNT CHARGES
Trading Account Opening Charges	₹250	₹750
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account Annual Maintenance Charges	₹400	₹450
BROKERAGE
Equity Delivery	₹10 per executed order	0.5%
Equity Intraday	₹10 per executed order	0.1%
Equity Futures	₹10 per executed order	0.1%
Equity Options	₹10 per executed order	INR 100 or 2.5% on Premium (whichever is higher of the two)
Currency Futures	₹10 per executed order	0.1%
Currency Options	₹10 per executed order	INR 100 or 2.5% on Premium (whichever is higher of the two)
Commodity	NA	0.1%
Calculate Brokerage	5Paisa Brokerage Calculator	Sharekhan Brokerage Calculator
TRANSACTION CHARGES
Equity Delivery	0.00325%	0.00325%
Equity Intraday	0.00325%	0.00325%
Equity Futures	0.0019%	0.0019%
Equity Options	0.051% on premium	0.050% on premium
Currency Futures	0.0019%	0.0135%
Currency Options	0.06%	0.042%
Commodity	0.0031%	0.0023%
Transaction Charges	5Paisa Transaction Charges	Sharekhan Transaction Charges
EXPOSURE OR LEVERAGE
Equity	Upto 15 times for Intraday & Upto 4 times for Delivery	Upto 10 Times for Intraday & 5 Times for Delivery
Equity Futures	Upto 2 times for Intraday	Upto 2 times for Intraday
Equity Options	Upto 2 times for Intraday	No Leverage
Currency Futures	Upto 2 times for Intraday	No Leverage
Currency Options	Upto 2 times for Intraday	No Leverage
Commodities	NA	Upto 2 times for Intraday
Margin	5Paisa Margin
RESEARCH
Daily Market Reports
Tips/Recommendations
Quarterly Analysis
News Alerts
Research		Sharekhan Research
TRADING SEGMENTS
Equity
Mutual Funds
IPOs
Currency
Commodity
CUSTOMER SERVICE OPTIONS
Email Support
Live Chat
Phone
Toll Free Number
Offline Branches
Customer Care	5Paisa Customer Care	Sharekhan Customer Care
FEATURES
Mobile Trading
Orders Accepted After Trading Hours
Charting
SMS Alerts
Robo Advisory
Automated Trading
Market Tips
Margin Funding
Relationship Managers
3 in 1 Account
Trading Platform(s)	5Paisa Trade Station, 5Paisa Trader Terminal, 5Paisa Mobile App	Trade Tiger, Sharekhan Mobile Trading App, Sharekhan Mini
Complaint Percentage of Active Clients	0.06%	0.01%
Complaints		Sharekhan Complaints
OVERALL RATING
	Get a Callback	Get a Callback
	More Comparisons of 5Paisa	More Comparisons of Sharekhan
Running Offers	5Paisa Offer	Sharekhan Offer

*NSE Complaints Percentage: Lower is this number, Better is the broker.

Before we complete this comparison, we think one quick understanding of brokerage charges is important.

Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.

Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Sharekhan Vs 5Paisa for the benefits of other readers? Please feel free to share in the comments below.

Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.